India

News, Analysis & Opinion about Indian Business

Taxpayers can heave a sigh of relief

Satisfied with the direct tax collections for the first quarter and confident of achieving the set targets, tax authorities are in the seventh heaven.

After Taj, another crowning glory for India

Just few day after the Taj Mahal making it into the Top 7 Wonders of the world, the Oberoi Hotels has done the country proud by receiving top honours in the prestigious Travel + Leisure World’s Best Awards 2007 readers’ survey.

July 31 – Last date for filing your Income Tax returns

For the financial year 2006-07 (Asstt. year 2007-08), all non-corporate taxpayers, salaried persons, pensioners, professionals/self employed taxpayers with turnover below the tax audit limits have to file returns by July 31.

CA education may go the college way

ICAI is going all out to revamp the profession of chartered accountancy. After designing the new logo for its members, it is now working to bring the CA course on lines of college environment instead of the present distant learning type.

Reliance NetConnect Data Card for Free

Netconnect – Reliance Infocomm’s CDMA based data card offers wireless internet access on your laptop computer sans a Wifi connection.

Retail stores stocking non-veg food, a non-issue

Aditya Birla’s retail store ‘More’ opened recently has drawn the flak of traditional Jain and Marwari over these stores selling meat items and putting commercial interests above religion.

The Soaring Rupee – Causes and Impact

India is facing a peculiar problem of ‘Dutch Disease’. The term refers to a situation where there are large inflows of foreign exchange due to discovery of natural resources or massive foreign investment in the country which in turn leads to appreciation of the currency, undermining the traditional export industries.